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Adobe likely doesn't have the market cap to acquire Canva, unless I'm missing something in understanding M&A. Canva is now north of $65B and growing at 100% Yo
by pedalpete 1y ago
Adobe likely doesn't have the market cap to acquire Canva, unless I'm missing something in understanding M&A.
Canva is now north of $65B and growing at 100% YoY. Adobe's market cap is $142B, and with every month, Canva is chipping away at Adobe's value.
Can Adobe give up 40% of the company to acquire Canva, and would Canva even want that?
Mel, Cliff, and Cam continue to amaze me!
- sixtyj 1y agoYes, Canva is amazing. Except the AI that sort of sucks but it is a must in this AI bubble. In Adobe they have to decide quickly how to deal with it. Canva is a real business competitor for them. Theoretically, some kind of joint venture could be set up. Money, I mean a lot of money, often breaks a lot of people we think are cool. See Skype, LinkedIn, Zappos, Minecraft or even Affinity. Almost everyone has a limit. The only exception is perhaps curl or vlc player that I can remember off the top of my head.